Original Research Result
The native Bitcoin model uses real BTC from a reserve pool controlled by the research operator. It does not create or mint Bitcoin: the signing and broadcast workflow makes the reserve-backed transaction observable while preventing final settlement.
- Backed by real BTC from a controlled reserve pool
- Does not create or manufacture Bitcoin
- Reflects on all wallet and exchange types
- Remains observable before final settlement
- Cannot be swapped or re-sent
- Fails before settlement and reverses after 4 days